The Law of Performance Bonds, Third Edition - Couverture souple

Gregory M Weinstein; Kimberly Zanotta

 
9781641052931: The Law of Performance Bonds, Third Edition

Synopsis

Written for the experienced and novice practitioner alike, The Law of Performance Bonds covers the major issues relating to the performance bond. This updated edition begins with a discussiion about the fundamentals of a suretyship relationship and how it is created. This analysis looks at all issues pertaining to a default situation, including what constitutes a default, notice requirements, and the rights of a surety upon default. Separate chapters are devoted to the surety's right to contract balances and the remedies that are available under the General Indemnity Agreement. The book also discusses in detail obligations and liabilities of the surety, which obligations arise from contract or are "extracontractural" in nature. Authors identify the rights and remedies of principals and indemnitors against the surety, and provide a comprehensive review of the defenses that are available to the surety in response to such claims.

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